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Leesburg, Ohio | I don't agree with the logic that claims "wearing out equipment for what?"......
Either you rent a farm, or you don't. If you rent it, you either pay cash rent, or farm on shares.
If you farm on shares, you pay zero cash rent. Your labor and equipment earn the right to farm the land...the equipment and labor pays the "rent."
So, to claim you get nothing from the landlord's share of the land is false. And renting on the shares actually splits up.the risk more fairly than cash rent...the producer is on the hook for essentially ALL the yield/weather and price risk in cash rent. The landlord shares that risk in a share rental agreement. | |
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50/50 crop share?
